Wednesday, April 23, 2008

The Economics of College

In today's Townhall.com update, Thomas Sowell has the second part of a great treatise on the cost and economics of a college education. Here's hoping he turns this into a book. You can read part one here.

What will happen to the poor if there are no government subsidies for college?
If this argument is meant seriously, rather than being simply a political
talking point, then there can always be some means test used to decide who
qualifies as poor and then subsidize just those people -- rather than the vastly
larger number of other claimants for government largesse who advance toward the
national treasury, using the poor as human shields.

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